Under Which of the Following Legal Forms of Organization, Is

question 137

Multiple Choice

Under which of the following legal forms of organization, is ownership readily transferable?

• A) limited partnerships
• B) corporations
• C) partnerships
• D) sole proprietorships

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Definitions:

Minimum

The smallest or least amount allowable or possible in a given set of circumstances.

Maximum

The largest value in a given set of numbers or data points.

Range

The difference between the highest and lowest values in a dataset, offering a simple measure of data spread.

Variance

A measure of the dispersion of a set of data points around their mean, indicating how widely the data values are spread out.